Friday, February 27, 2009

Campaign Contribution Limits Passes Out of Committee

The State Government Committee in the Iowa Senate passed a bill out of committee that would limit the campaign contributions in the state.

From Iowa Independent...

Senate File 181 was amended before passage to flip donation limits on individuals and political committees. Individuals would be prohibited from contributing more than to $4,000 to a candidate for statewide office, $1,000 to an Iowa House candidate and $2,000 to an Iowa Senate candidate during an election campaign cycle or the time period between elections.

Political committees and parties would be limited to a $2,000 contribution to a statewide candidate, $500 to an Iowa House candidate and $1,000 to an Iowa Senate candidate.

Iowa is one of 13 states that impose almost no restrictions on the amount of money politicians can accept from individuals and political action committees.

This is a step in the right direction when it comes to campaign finance reform. With the news of fraud and pay for play in Illinois, it is time that Iowa has some contribution limits.

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